As a leader in electronic transactions, Visa strives to make payments easier and more convenient. Annual insurance carrier claims disbursements to consumers are estimated at $365B. Visa developed its Insurance Claims card to help reduce the cost and increase efficiencies of how these disbursements are made.

Programs that can benefit from Visa Insurance Claims Cards

The Visa Insurance Claims card provides insurance carriers with the opportunity to increase efficiencies, reduce costs, and deliver better customer service across a wide range of segments.

Workers Compensation

Disability

Property and Casualty

Auto

The Visa Insurance Claims card gives insurance carriers the flexibility to make multiple claim disbursements on a single reloadable prepaid card or a one-time disbursement on a non-reloadable product. Claimants enjoy the security and convenience of immediate access to funds, even if they do not have a bank account, and insurance carriers can reduce the time and cost of claims payments.

1 The Visa Zero Liability policy covers U.S.-issued cards only and does not apply to ATM transactions, PIN transactions not processed by Visa, or certain commercial card transactions. Cardholder must notify issuer promptly of any unauthorized use. Consult the issuer for additional details.